Informing Seniors -SIBOR-August 3, 2020

2 Informing Seniors: Tips for Dealing with Insurance — Purchasing the right insurance that meets your needs can be challenging. Insurance can be one of the most important ongoing purchases you make to protect yourself and your family from financial hardship. Since your needs and financial situations change over time, it is important to understand and review your insurance policies to decide if the same policies are still right for you. If you are considering buying, reviewing, or replacing insurance, then the following insurance tips can be of assistance. Check out your agent and company — Call the California Department of Insurance at 800-927-4357 to see if an agent or company is licensed to sell insurance in California, or you may check our website www.insurance. ca.gov. Each agent is required to print his/her license number on all business cards, quotations, and advertisements. Never Be Pressured or Intimidated by an Agent — It is not wise to purchase insurance at the first meeting. Seek the advice of someone you trust. Agents should never use high-pressure sales tactics. Answer All Questions on the Application Correctly — Omitting or falsifying information can cause the company to deny your claim or cancel your policy. Never leave blanks. Dishonest agents can take advantage and fill in the blanks without your approval.